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FINANCED

New York Community Bank Provides $77M Refinance Loan For 142,000 SF Office Building On 5th Ave. In Midtown South

130 5th Avenue

Office
142,000 SF
clock iconFinanced 1 year ago
Keith Kurland
Adam Schwartz
Aaron Appel
+ 2
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Summary

Loan
NEW YORK
Office
142,000 sqft

The property involved in this closed transaction is an office building located at 130 5th Ave. in Midtown South. The property spans approximately 142,000 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $77,000,000
  • Address: 130 5th Ave.
  • Market: Midtown South

The lender for this transaction is New York Community Bank. The landlord of the property is the Olnick Organization, represented by Seth Schochet. The brokers involved in the deal are Jonathan Schwartz, Aaron Appel, Keith Kurland, and Adam Schwartz from Walker & Dunlop.

The loan provided for this transaction is a $77,000,000 refinance loan. It has a fixed rate and a term of 12 years.

Players

  • All

    6

  • Agents

    4

  • Agencies

    1

  • Lenders

    1

Keith Kurland's profile picture
Keith Kurland
Walker & Dunlop-image
Senior Managing Director
$226.7M Sold
Jonathan Schwartz's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz & Seth Schochet DATE: 07/28/2022 ADDRESS: 130 5th Ave. MARKET: Midtown South ASSET TYPE: Office ~ SF: 142,000 LENDER: New York Community Bank LANDLORD: Olnick Organization - Seth Schochet BROKERS: Jonathan Schwartz, Aaron Appel, Keith Kurland & Adam Schwartz - Walker & Dunlop LOAN AMOUNT: $77,000,000 LOAN TYPE: Refinance LOAN TERMS: 12 year fixed rate loan

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Address130 5th Avenue

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